4Chan User Predicted Bitcoin Crash 24 Hours Prior And Says We’re Going Up

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Last Updated on 20 May 2021 by CryptoTips.eu

Jeroen Kok

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The cryptosphere is abuzz with rumors as to what exactly caused yesterday’s epic crash, and most storylines will point to the Chinese announcement. Yesterday the Beijing authorities claimed that cryptocoins might not be accepted as investment vehicles in the future anymore, aka a severe crackdown.

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Anonymous 4Chan user

An user on the anonymous 4Chan board predicted the crypto crash in detail before it actually happened. The topic can be read on the 4Chan archive, including the post date. The user predicted that there would be an announcement from China and that the price can go as low as $30,000 at 1 pm UTC. That actually happened. According to him, China is behind this master plan. Read the full archived topic here.

No way to know at this point whether this story is true, but from the looks of the message boards on 4Chan, all statements and replies were indeed posted before the crash took place.

He further predicts that the price will go up to at least $70,000 after this move. We will see if that one comes out.

Jack Ma and Justin Sun

According to social media, the certain stakeholder that the PRC (the Chinese authorities) wanted to liquidate was none other than Justin Sun, CEO of Tron and BitTorrent. Given that he is a protégé of billionaire Jack Ma, the founder of Alibaba, with whom the Beijing authorities have had problems in the past, it seems like a possibility which needs further investigation to say the least.

Cathie Wood still bullish

Although most of the MSM was preoccupied with discussing the possible dead cat bounce that Bitcoin showed, ARK CEO Cathie Wood, the best stockpicker on Wall Street of 2020, claimed she was still bullish on the world’s largest cryptocurrency.

YouTube video

According to Cathie, Bitcoin is on sale right now, but she is convinced it will still climb all the way to $500k.

steveheap / Depositphotos.com